Bank of America has mastered the metaverse with AI training and wellness programs

ARTIFICIAL INTELLIGENCE: The metaverse refers to a virtual-reality space in which users can interact with each other using avatars. In 2022 alone, the metaverse reached an all time high of 400 million monthly users, according to consulting company KZero Worldswide . At 美国银行 , the company is using virtual reality to explore new training opportunities and even ways to address mental health through wellness programs.

Mike Wynn, the innovations and solutions design executive for the academy at Bank of America,?has spearheaded most of the bank's recent metaverse integrations since 2020. He shares how he got employees on board with wearing VR headsets at work, and how it's changed their approach to employee engagement.

Read: How Bank of America is mastering the metaverse

NUTRITION: Ashley Tyrner - Dolce lived in a food desert 12 years ago, and has been fighting for equitable food access ever since. Tyrner launched FarmboxRx in 2020, which now works to deliver nutritious foods to Medicaid and Medicare members with chronic conditions.?

FarmboxRx delivers food to their members' doors rather than simply offering a financial stipend. Tyner also notes that those on Medicaid and Medicare plans may not have the money for transportation or may suffer from limited physical mobility. Additionally, every farmbox comes with easy recipes and tips on what foods members should avoid depending on their specific chronic condition.?

Read: Food as medicine: This company delivers produce for Medicaid and Medicare members

MEDICAL DEBT: A recent Bankrate report said that 57% of Americans do not have the savings to cover an unexpected $1,000 expense. This means that over half the population can face a difficult choice when it comes to needing?medical care : either go into debt, or avoid the doctor. But fintech company Paytient is experimenting with a third option, giving people a more efficient way to pay off their medical bills.?

Paytient gives users access to a health payment account through a Visa card that allows them to pay their out-of-pocket medical expenses upfront. Then, employees can pay off the card through a personalized, interest-free payment plan through the Paytient app. Employers, health systems or insurers can offer access to the Paytient platform, which can be used to cover medical, dental, vision, pharmacy, and even vet costs.?

Read: Insurance, and assurance: How Paytient is helping employees pay for healthcare without breaking the bank